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Paramount completes $111B Warner merger, creating “Skydance” behemoth
المصدر: Ars Technica - All content · نُشر
Paramount Skydance completed its $111 billion merger with Warner Bros. Discovery today, after a last-ditch effort to block the deal was rejected by Supreme Court Justice Elena Kagan. The post-merger company is called Skydance, taking the name of a firm that Paramount bought in a
Paramount Skydance completed its $111 billion merger with Warner Bros. Discovery today, after a last-ditch effort to block the deal was rejected by Supreme Court Justice Elena Kagan. The post-merger company is called Skydance, taking the name of a firm that Paramount bought in a separate deal last year.
The new Skydance combines two of the largest movie studios, streaming services Paramount+ and HBO Max, CBS, CNN, "and a portfolio of live sports including CBS Sports and TNT Sports, as well as a deep programming library and expansive collection of brands and franchises," Skydance said today in a press release announcing completion of the deal. The merger was delayed a bit by a lawsuit filed by California and 11 other states. In July, US District Judge Araceli Martínez-Olguín in the Northern District of California ruled that the combination would likely reduce competition substantially and violate antitrust laws.
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أخبار ذات صلة
Skydance will combine HBO Max and Paramount+ into a single streaming service
Please don't name it ParaMax.
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